Washington – The California Office General of California said on Tuesday that he would request a preliminary injunction in his case to contest President Trump’s pricing policy, a decision that could lead to an order from the tribunal of radical import rights over global products that have shaken the global economy and US markets since last month.
The case, tabled last month in the Northern District of California, argues that Trump has no authority under the international emergency economic law to impose the prices he announced on April 2 on almost all American trade partners, as well as those who were taken from China, Mexico and Canada because of the fentanyl trade, a set of tariffs that used the same national security regime.
A hearing in the case is scheduled for next week, and a decision on the preliminary injunction could come from the Federal Court of San Francisco in mid-June, a manager of the prosecutor’s office in Times said.
Trump has announced a new reference base for global prices on April 2 and a series of specific rate rates in the country that have panicked banks and financial institutions. The White House withdrew on several of the hardest elements of the policy, but the prices remain much higher on most trade partners, inflicting continuous damage to California, according to state lawyers.
“Uncertainty and unpredictability are bad for business, bad for the economy and bad for California,” Atty. General Rob Bonta said in a statement. “California should undergo a disproportionate part of losses because of our broader economy, our workforce and our exposure to trade. We take off all the judgments and today we will ask the court to immediately stop these illegal prices while California asserts its case. ”
In a file in another case, the Office of the Attorney General submitted an Amicus thesis supporting an effort of other states to stop the prices before the International Commerce Court, which could make a decision on the issue even earlier.
“President Trump has exceeded his authority, and now families, businesses and our ports literally pay the prize,” said Governor Gavin Newsom. “As the largest economy in the country, California has the most to lose from the weak and reckless policies of President Trump.”
California Daily Newspapers
